Gov. Godwin Obaseki of Edo on Friday assented to the 2020 Appropriation Bill of N179.2 billion of the state.
Speaking at the ceremony at Government House in Benin, Obaseki said he was hopeful of implementing the budget fully.
“It is a budget that I hope and expect will have a performance of not less than 90 per cent.
“We have gone through all the assumptions and have moderated our expectations. It is quite less than what we appropriated in 2019.
“We cannot deceive our people; we have reviewed our macro economic situation and determined that what should be appropriated for 2020 should be close to what we will generate,” he said.
The governor commended the House for ensuring that the budget was signed into law before Dec. 15, a feat he described as historic in the state.
Presenting the bill, the Speaker, Edo House of Assembly, Mr Francis Okiye, said the budget presented to the House was slightly increased by 0.09 per cent which was about N1.6 billion.
Okiye gave the breakdown of the budget as N86,539,289,300 recurrent expenditure and N92,673,522,750 capital expenditure.
“The House looked at the governor’s programmes for 2020 and decided to increase the appropriation.
“We believe that putting this budget to work, Edo will have a new look and a new song under the Obaseki administration,” he said.
The 2019 Appropriation Act had a figure of N183. 7 billion, while the 2020 Appropriation bill was presented to the House on Nov. 13.

1 min.Read
Gov. Obaseki signs N179.2bn Appropriation Bill for Edo
Hot this week
News
NOA Encourages Nigerians to Embrace Literacy AsTool for National Identity, Social Cohesion
By Joyce Remi-Babayeju
To commemorate the 2025 World Literacy Day,...
News
FCTA Vows Increased Commitment To Advance Child Healthcare
By Joyce Remi-Babayeju
The Minister of State for the Federal...
News
Resident Doctors to Decide on Nationwide Strike as Ultimatum Expires
The Nigerian Association of Resident Doctors (NARD) will today...
News
CROSSJOF Hails Hon. Nyiam As Champion of Fight Against Illicit Drug Abuse in Boki LGA
By Joyce Remi-Babayeju
Cross River State journalists in Abuja under...
Business and Economy
NUPENG Suspends Strike as Dangote Agrees to Unionisation Demands
The Nigeria Union of Petroleum and Natural Gas Workers...
Topics
- Agriculture
- Arts
- BBNaija Updates
- Book Review
- Business and Economy
- China
- Columnists
- Coronavirus
- Crime
- Culture
- Dating
- Defence/Security
- Economy
- Editorial
- Education
- Encounter
- Energy
- Entertainment
- Environment
- Fashion
- Fashion & Style
- Featured
- Features
- Foreign News
- Headlines
- Health
- House of Representatives
- Inspiration
- Interview
- Judiciary
- Lifestyle
- Magazine
- Metro
- Money
- News
- Nigerian Newspapers
- Opinion
- parliamentary
- Personality
- Poetry
- Politics
- Press Release
- Red Dragon
- Relationship
- Religion
- Science and Technology
- security
- Skincare
- Sports
- Style
- Tech
- Travel
- Weather
More
News
Tinubu tasks Catholic Bishops on national peace and development
By Ogenyi Ogenyi, Uyo
President Bola Tinubu has called on...
Politics
CSGGG Hails Rivers Sole Administrator’s Leadership
…Says Peace Brokered, Trust Restored…Lauds Transformative Governance, Credits Tinubu’s...
News
Breaking: FG Set to Integrate Organ Transplant Services Into NHIA
… To End Unethical Local Organ Transplantation Practices
By Joyce...
News
Atissa Youth Council Urges NDDC to Rescue Famgbe, Obogoro from Erosion
By Amgbare Ekaunkumo, Yenagoa
Two historic communities in Bayelsa State,...
News
Sokoto-Badagry Superhighway to Boost Trade, Regional Integration
By Muhammad Ibrahim, Sokoto
The Sokoto-Badagry Superhighway project, a major...
Opinion
The 22 Sins of El-Rufai in Kaduna, Nigerians Won’t Forget Soon – Civic Group
By Our Correspondent
A Kaduna-based civic group, the Kaduna Leadership...
News
Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Heroes
By Noah Ocheni, Lokoja
Kogi State Governor, Alhaji Ahmed Usman...
News
FG Goes Digital To Ensure Drug Availability In Hospitals
By Joyce Remi-Babayeju
The federal government has gone digital to...
Related Articles
Popular Categories